Those who use our highways, our airways, and our waterways should contribute more adequately, and more equitably, to the cost of building and maintaining the facilities provided for their use by the Federal Government.

We want to pass a tax bill that will continue to make more jobs, to make more profits, and to have a more profitable economy for all America.

The tax on local and long-distance telephone services, which I propose to reduce from 10 percent to 3 percent by January 1966, and completely eliminate by 1969.

It will end an unfair burden on many businesses and many workers.

We have the means to achieve these victories; now we need only the will.

It will cut the Government's costs of tax collection and enforcements.

The tax reduction I will recommend will be another major step toward greater purchasing power for individual Americans, higher production and more jobs, increased initiative and efficiency, and a balanced budget in a balanced economy.

This reduction--more than double the amount that I recommended in January--is possible and desirable because Federal tax revenues, responding, we think, very strongly to our expanding economy, are now expected to be about $1 1/2 billion…

It will raise business profits.

It will reduce the burden of regressive taxation on low and moderate income families.

I believe the next legislative program must make important progress toward enriching the quality of American life and strengthening our capacity for leadership among peoples devoted to the ideals of a just, decent and peaceful world.

It is imperative that you meet the time schedule set by the Budget Director so that we can all know the problems, issues, ideas, and possible alternative approaches early.

I attach the greatest significance to this Budget 'preview.'

Fiscal prudence and governmental self-discipline encourages rather than retards imperative social progress.

In the days to come I hope that it will be our constant goal and always our determined view that what we have must be shared with others so that all of us can live in a world ultimately of peace, of friendship, and of a reasonable and…

This is why, on your behalf, I recently proposed a massive, cooperative development effort for all of southeast Asia.

Surely, surely, the works of peace can bring men together in a common effort to abandon forever the works of war!

We will not abandon our commitment to South Viet-Nam.